Mace Sells Electronic Surveillance Business To SecureCheck LLC

Mace Security International Inc. (OTCPINK: MACE) today announced the sale of the electronic surveillance business to Houston based SecureCheck LLC.

Mace Security International Inc. (OTCPINK: MACE) today announced the sale of the electronic surveillance business to Houston based SecureCheck LLC. The transaction includes a royalty agreement for the use of the world renowned brand name on certain electronic surveillance products.

"SecureCheck LLC is the right partner for Mace due to their expertise and their commitment to customer service. It is very important for Mace Branded customers to have the same positive experience regardless of the product or service provided," stated John McCann - President and CEO of Mace Security International.

Mace Security International and SecureCheck LLC have begun to transfer responsibility for the business and anticipate the transition will be complete prior to the end of 2016. Both companies anticipate being able to launch new products and services under the Mace Brand name in 2017.

Mace recently reported a profitable second quarter and anticipates continued profitability in third quarter and beyond. "We believe this transaction with SecureCheck will build on that profitability in the months and years to come," notes Chairman Richard Barone.

"SecureCheck LLC, a leading security solutions provider is proud to be the newest member of the MACE family. Our strategic partnership with this world class, internationally-renowned brand is a perfect fit, and a great addition, to our portfolio of security services and products.There is unlimited potential for success with the combined resources of ourtwo companies," observes Jack Molho, CEO of SecureCheck LLC.

"We stand ready to provide a turnkey solution to your security concerns. Our employees are prepared to tailor a system to your specific needs. Whether designing a new program of protection, installing or servicing your existing system, SecureCheck is the only call you should make."